$ALIGN Token Launches as Part of Aligned's Full-Stack Ethereum Project
Aligned, a full-stack Ethereum infrastructure project, has launched $ALIGN, its native token, with listings on major exchanges. The token's fixed supply is 10 billion, with about 16% circulating at launch. Aligned aims to turn Ethereum into the world's financial backend by providing one-click solutions for wallets, rollups, interoperability, and zero-knowledge services.
The current state of building on Ethereum is plagued by a lack of standardization, making it difficult for fintechs and institutions to build financial products. Aligned seeks to fix this by shipping the stack one piece at a time, starting with its Proof Aggregation Service, which is live on mainnet alpha.
The team behind Aligned has built the ecosystem in close collaboration with LambdaClass, a company that has made key contributions across the Ethereum ecosystem. The $ALIGN token will be used to pay for services across the stack and will become the asset of choice for teams building on Aligned.